Will 2020 be the year of Litecoin?

[JessicaVL]

Litecoin is a peer-to-peer cryptocurrency, built out of a fork of the Bitcoin blockchain. It’s often referred to as the silver to Bitcoin’s gold, and with a bitcoin bull run almost certainly on the cards, will Litecoin follow suit and reach an all-time high?

This article seems to its will: https://www.tap.global/is-ltc-set-for-a-2020-ath

So, is LTC set for a 2020 ATH?

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[Teraboy]

even with the help of litecoin halving last months and it can't even break the old ATH and you might not put a huge expectation for ethereum to break another record again. We are even still focusing with the bitcoin halving and not so many people will try to pay attention to the litecoin. Can we expect a huge gain for this coin even the price of litecoin is still dictated by the bitcoin price?

[wowz2010]

Unfortunately, it won't I believe.
I Mean I highly doubt it because most of ltc holders came in 2018's crypto boo, then it fell down and after that people were just waiting for decent moment to sell it.
And they sold it right after it hit over $100 in June last year.
So now most of ltc's holders are real believers so I'd say the coin will find its sweetspot somewhere between $70 and $100 in a year I think.
And only then if the ltc devs will bring out something outstanding the coin will have a chance for stable growth

[Mighty_crypt]

I have stopped dreaming of my coins growing 1000% or more, now I'm more interested in few gains, I'm more satisfied this way than hoping for a huge gains that might never happened, LTC is a top altcoin but once you make few gains just sell off

[rdluffy]

I don't think so, I have some LTC in my portfolio, I like the coin, but I have to be honest, there´s nothing happening to justify ATH this year
I use LTC for small transactions, or to pay less fee than BTC and I think a lot of people do this too
We already passed the halving of LTC and the expectations of ATH was gone, so this year LTC will grow only if BTC grows too

[Latviand]

Making an assumption as this early, I think, won't be valid. The price of Litecoin at this very moment is not showing signs unlike in Bitcoin wherein it was able to reach half of its ATH before. Maybe it is too early. Litecoin is indeed one of the promising altcoins out there but maybe, it is just the market situation still, which makes it hard for cryptos to recover from the drawbacks and corrections happened on the previous years. This year is more likely to be in favor for Bitcoin due to the anticipated Bitcoin halving that is believed to boost its market price, reaching new all time high. But even if it is more expected to be Bitcoin's year, we still has no assurance of such things unless it actually happen.

[novaprime]

I don't think so, I have some LTC in my portfolio, I like the coin, but I have to be honest, there´s nothing happening to justify ATH this year
I use LTC for small transactions, or to pay less fee than BTC and I think a lot of people do this too
We already passed the halving of LTC and the expectations of ATH was gone, so this year LTC will grow only if BTC grows too

Litecoin is currently heavily dependent on the value of Bitcoin and today the coin has depreciated very quickly and is currently maintained at $50. As I know, the coin has been rising a few weeks ago but the last few days just a slight fluctuation of Bitcoin can cause everything to crash.

I'm not sure what will happen next, but Litecoin will not be able to raise prices as high as previous years and you may be at risk if you choose to invest in the long term.

[kekek]

No.

[btc_angela]

I would say NO for now, the long term prospectus for LTC looks bleak, at least the way I see it. I initially thought that it will make a good run this year after it's block halving.

Unfortunately, the market is still in its worst condition, specially today, damn, it was red all over.
Maybe it bitcoin will be very bullish in the second half of the year, we might see LTC enjoying the effect of it. But I don't see it reaching all-time-high though, just saying.

[tabas]

It's a mystery just like with bitcoin. Nobody can actually say if this is the year of bitcoin or Litecoin. Speculating to the possible outcome for this year is all that we can do.
2020 might be even another trial year for us just like what we have now.

[Perfect35]

The growth of LTC is just too slow for my liking. If LTC would have an ATH when the bull run comes, it would have been obvious from its independent growth. A lot of coins in the market, including those that came on board after LTC have been growing. What could then now be happing to LTC? I believe that if LTC had come in this generation, it might not have survived among others.

[tbct_mt2]

So, is LTC set for a 2020 ATH?

Litecoin had its amazing rock months before its halving day. It is enough for wise investors to earn profits from that rally. All time high, a new one, in 2020, I don't think it will happen. Not only for Litecoin, but also for others altcoins. I believe that we won't see any new all time highs for altcoins (old ones, and except newborn altcoins) before bitcoin rocks.

Bitcoin, itself has never broken its all time high around its halving days, many times. I don't have any clue to be convinced that this halving bitcoin will break its all time high around $20k.

Back to the question, a new all time high for Litecoin, there will be one for it but it will happen much later, in 2021 or 2022.

[Ridwan Fauzi]

I'm not an expert to trade so I will ask, is golden cross (which is mean the 20 EMA move to 200 EMA) the strong signal? I mean, the average situation when the golden cross come then the price will up?

A few days ago if I'm not mistaken before bitcoin price touch $9100 again, there is a usee who make the similar thread who stated that the golden cross has came.  I don't know exactly was the increased price a few days ago because this prediction or not.

I have some litecoin as well, I have intention to sell this coin when its price touch $500 because I choose long term investment. Yeah Indeed, I choose $500 cause I think litecoin is a good coin and it deserves to reach more then ATH last year.

[sujonali1819]

Litecoin All Time High was 375$. And it is around 50$. So almost 8x pump needed to cross the past ALL TIME HIGH. It is not too much. But I don't sure it will cross or not in this 2020. It also depends on BTC price. So if BTC will cross it's past ATH in 2020 we can see it in LTC  too. But very less chance to cross ATH in this year IMO.

[Google+]

Litecoin All Time High was 375$. And it is around 50$. So almost 8x pump needed to cross the past ALL TIME HIGH. It is not too much. But I don't sure it will cross or not in this 2020. It also depends on BTC price. So if BTC will cross it's past ATH in 2020 we can see it in LTC  too. But very less chance to cross ATH in this year IMO.

I see from the data that you mentioned that it is very doubtful that the price of Litecoin can penetrate to higher prices again, but you should know that there is still a good potential for Litecoin because when the conditions of bitcoin prices increase then the price of Litecoin will definitely be affected and the price will rise, if the developer giving good news on Litecoin will have a better impact on the price of Litecoin.

[XCANA]

Litecoin is not the only coin to experience the bullrun this time, most especially during the forthcoming Bitcoin halving which is schedule to hold later this May, 2020. We'll know about litecoin and its usual move during the bull run, but this time, all other cryptocurrency will dance alongside the giant called Bitcoin for their bull run. For those holding the coin, there's a  high hope that, it will definitely going to reach all time high this time. This has happened before during 2017, they're reach their all time high, even the shitcoins too funny  right? That's how it works.

[TopTort777]

Litecoin All Time High was 375$. And it is around 50$. So almost 8x pump needed to cross the past ALL TIME HIGH. It is not too much. But I don't sure it will cross or not in this 2020. It also depends on BTC price. So if BTC will cross it's past ATH in 2020 we can see it in LTC  too. But very less chance to cross ATH in this year IMO.

Actually it is too much. Alts from top100 don't make pumps like that nowdays. They are already "stabilized" its position on the market and I cant even imagine at least 1 reason why they could even do 2x in price.

I'm not a pro analytic, but I find it very unreal for crypto to reach ATH, until the whole market and crypto will be hyped like in end of 2017.

[Fesatmas]

Litecoin All Time High was 375$. And it is around 50$. So almost 8x pump needed to cross the past ALL TIME HIGH. It is not too much. But I don't sure it will cross or not in this 2020. It also depends on BTC price. So if BTC will cross it's past ATH in 2020 we can see it in LTC  too. But very less chance to cross ATH in this year IMO.

Yeah, it's still far to reach ATH at a time like this, even with the coming of the bullrun in May, is it possible to soar from that $ 50 to $ 375?
I think it takes a long process, maybe in 2021 it will be able to approach ATH, because now it has begun to understand that the whales are always in control of the market as long as they want.

[LbtalkL]

It is always bitcoin's year, Some altcoins only follow bitcoin's path and reach their own ATH too it is not just LTC. Look at now bitcoin Hit $7k and all alt are bleeding too. They all depends on bitcoin, I am not really a fan of bitcoin forks, I haven't really noticed what is really their use cases and what is their purpose.

[pikkie]

It is always bitcoin's year, Some altcoins only follow bitcoin's path and reach their own ATH too it is not just LTC. Look at now bitcoin Hit $7k and all alt are bleeding too. They all depends on bitcoin, I am not really a fan of bitcoin forks, I haven't really noticed what is really their use cases and what is their purpose.

I strongly agree with what you say because right now it should be an upward trend then the price of all altcoins will potentially experience price increases while for now the conditions at which many cryptocurrency exchanges are collapsed so this is a good moment to buy cryptocurrency at cheap prices.